You will work very hard throughout your life in New York to accumulate assets and properties with the hope of them one day benefiting your future generations. The thought of having to lose any of the overall value of your estate to taxes, then, may be quite...
People procrastinate for many reasons, whether they are going through a hard time at work or they have recently been through a tough divorce. Unfortunately, procrastination can make things significantly worse, and this is especially true with respect to estate...
When you are planning your estate, you may be consumed with topics including asset protection, selecting beneficiaries and other common aspects of coordinating a plan for your future. While these preparations can give you peace of mind, they can also aid in helping...
An estate plan is a way for an individual to create a legacy. The items you leave behind and whom you allocate them to will have a profound impact on how people remember you in the future. If you have significant assets or are deeply attached to a charitable cause,...
Planning ahead to protect your estate in New York requires a lot of foresight and consideration. One decision to make is who will be the executor of your will and/or estate. While you may have the perfect person in mind, there may not be one who you think can handle...
Imagine after years of planning, saving and building capital, you are finally ready to take the leap and start your own business. Unfortunately, starting a business is not as easy as turning on the lights and hanging an “open” sign in the door. There is a seemingly...
Forming a business can be challenging for various reasons, and there is often a lot of uncertainty. However, there may be various ways you can not only simplify the process of business formation but benefit from a financial point of view. Sometimes taking out a loan...
Being a business owner in New York can be extremely rewarding, but it also comes with its challenges. If you are a brand new company, or you are a smaller business ready to grow, it may be time to hire. Typically, the options you have are to hire traditional employees...
From tough decisions that have to be made while creating an estate plan to hurdles that surface once a loved one passes away, there are many legal considerations for people who are dealing with estate planning and probate matters. Unfortunately, some of these matters...
The probate process is full of many twists and turns, which can make life difficult on the executor of the will. On one side of things, it’s an honor to serve as the executor of a will and testament. Conversely, this can be a scary and often intimidating experience,...